Kathleen Riorda was named managing director and head of business development at alternative credit specialist One William Street Capital Management.
The position is new, said spokesman Michael Mandelbaum. Ms. Riorda will focus on marketing to large institutional investors, Mr. Mandelbaum said.
Ms. Riorda was global head of client solutions at J.P. Morgan Alternative Asset Management, the bank’s hedge funds-of-funds unit. Jacqueline Meere, a J.P. Morgan spokeswoman, declined to comment on Ms. Riorda’s replacement.